Saturday, September 3, 2011

U.S. History Fact: Obama, the Greatest Destroyer of Jobs.

Rush Limbaugh won't lie to us.
It is an interesting conversation today,
here is a segment representing Rush's point.
The BusinessInsider.com: "While the overall U.S. employment situation is dismal, today's jobs report shows the crisis is much worse for minorities.  The unemployment rate for black Americans spiked to a shocking 16.7% in August, up from 15.9% the previous month. It's now the highest it has been during Barack Obama's presidency, up from the previous record of 16.5% in March and April 2010." By the way, this is the first time since 1945 that a jobs rate has been zero. 

Now, an old buddy, we like this guy a lot here at the EIB Network, James Pethokoukis, he dabbles at Reuters.  Somehow he snuck in there, and he does blog posts and writes columns.  He's not a lib, let's put it that way.  We didn't create a single job, and the unemployment rate dropped nevertheless, right, went from 9.2 to 9.1.  Pethokoukis points out that the unemployment rate, if the labor force was as big as it was when Obama took office, would be 11.4%.  The way they get this down to 9.1% is simply reduce the number of jobs in the universe, just arbitrarily.
Obama is giving another speech next week about jobs- again.

More from Rush on his site Rush Limbaugh.

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